Quote from: zedicus on April 12, 2017, 02:34:16 AM

Quote from: Phoenil on April 11, 2017, 02:24:59 PM

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.

0.5BTC is a good capital to start trading. That would give you a decent amount of profit. However, since you are only starting to know trading. I suggest you start with just 0.01 BTC, reason? To prevent huge loss of BTC since Altcoin trading involves high risk since you are not familiar with it yet. If I am going to rate that for you its 10.

3) How can I analyze the Altcoins?

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1) What should I start?

Start with the basics, trade with once currency and try to master how the market goes, what factors affects the movement of the market, right timing to buy and sell and where to hold the currency. That should take you at least 1 week to familiarize those.

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2) Which platform should I use?

Well personally, I found it easy to trade in C-cex.com since they have the most simplest platform in trading. Its newbie friendly site. Have a try.

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3) How can I analyze the Altcoins?

Have a deep research first on the coin. If it has ANN Thread. Look for its reputation. That would help you decide whether to trade that coin or not.

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4) Auto or Manual?

Personally, I haven't tried trading in Auto (bot) so I suggest trading with manual. That will also help you understand how the market goes and generate BTC with yourself.

thank you for the information, I will try to find the basic trading manual.